The secondary bond market was lively in the week under review as total volume traded recovered 293.93% week-on-week to ¢459.34 million.
This is partly on resolved valuation challenges.
According to the trading results, the new bonds garnered significant investor interest.
The yields at the short end of the curve gained an average of 38 basis points week-on-week to 10.46%, while the longer end increased 31 basis points week-on-week to 10.23%.
With the valuation challenges on the new bonds resolved, analysts believe trading activity is likely to improve.
In the previous week, trading activity on the local secondary bond market went down by 64.83% week-on-week.
According to the trading results, the aggregate volume traded was estimated at ¢116.61 million.
Latest Stories
-
Kwame Agbodza slams $147m e-gate system as ‘create, loot, and share’ scheme
10 minutes -
Drones deployed in Bawku to track down attackers
1 hour -
Today’s front pages: Thursday, December 19, 2024
1 hour -
ORAL: Not all corruption cases fall under the Special Prosecutor – Domelevo
2 hours -
Two dead and 65 cases of malnutrition recorded in Bawku for 2024
2 hours -
NDC’s control of major media houses gave them edge in 2024 polls, says Bawumia
2 hours -
49th SWAG Awards: High jump Queen Rose Yeboah and Grace Mintah lead nominees for topmost award
2 hours -
ORAL: ‘National Cathedral spending is an ‘expensive pit of deceit’ – Ablakwa
2 hours -
Our people didn’t vote – Bawumia explains why the NPP lost
2 hours -
Dr Bawumia had no choice given Mahama’s decisive victory – Malik Basintale
2 hours -
ORAL: ‘Clergy were misled by Akufo-Addo’ – Ablakwa on National Cathedral scandal
2 hours -
‘It is false’- PMMC refutes claims of politicians smuggling gold from Ghana
3 hours -
2 million NPP supporters did not turn up to vote – Kabiru Mahama
3 hours -
IPR Ghana congratulates citizens for peaceful election, calls for unity
3 hours -
Bawumia’s 8 minutes elite ball that zapped the energy of trigger happy politicians
4 hours